BTC Tests $62,500 Support on Whale CVD Accumulation at April 24 UTC Open
Bitcoin's spot CVD chart at April 24 00:00 UTC highlights support at $62,500 via volume heatmap and resistance at $64,800, with the brown $1M–$10M whale line surging near $62,000 to signal institutional buying. This caps a pullback from the April 23 breakout above $67,500, where rising institutional CVD diverged from flat retail flows amid three prior consolidation zones noted on April 21. Microstructure cues, enhanced by MiCA transparency, point to elevated volatility and a potential bounce, echoing a March 2025 CVD rise that preceded a 12% rally.